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Nov 30, 2012
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now speaker boehner insists there are still many roadblocks in the way. last night, boehner offered no details but rejected the democrats' $4-trillion plan presented by treasury secretary timothy geithner. investors have a more optimistic view on the global economy. a new survey by bloomberg shows 2/3 of investors surveyed described the worldwide economy has either stable or improving. overall, they considered the global economy to be in the best shape in 18 months. when asked which countries will offer the best investing opportunities for next year, the u.s. ranked number 1 for the 8th quarter in a row. china came in second, and europe was considered the worst for returns. for those holding out hope for a second life for twinkies, ho- hos and ding-dongs, there's encouraging news. hostess says it is in talks with more than 100 interested buyers. at the same time, hostess is seeking approval in banruptcy court to pay its top executives $1.8 billion in bonuses to retain them during the year-long wind- down process. union reps are asking the judge to bring i
now speaker boehner insists there are still many roadblocks in the way. last night, boehner offered no details but rejected the democrats' $4-trillion plan presented by treasury secretary timothy geithner. investors have a more optimistic view on the global economy. a new survey by bloomberg shows 2/3 of investors surveyed described the worldwide economy has either stable or improving. overall, they considered the global economy to be in the best shape in 18 months. when asked which countries...
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you think that john boehner is making a mistake by rejecting tea party? i think the speaker makes a mistake and the tea party is not a group that embraces serious tangibles of government that is traditionally work in this country. there are members of congress who got elected because, in fact, the tea party activists across the country were involved in the election. the tea partiers and outsiders -- i would remind john boehner that there was a time when he was the outsider that was an annoyance to the party leadership. i understand the speaker being annoyed when he has people within his caucus that are committed to a set of principles that they make it hard for him to make easy deals. but i would also remind him that people are not going to forsake their principles for something that is as insignificant and their life as a committee assignment remark that is right. >> if he thinks this is a party discipline, he is sadly mistaken. he often knows that from his own experience as a younger time in his service in congress. charles: representative, it has been
you think that john boehner is making a mistake by rejecting tea party? i think the speaker makes a mistake and the tea party is not a group that embraces serious tangibles of government that is traditionally work in this country. there are members of congress who got elected because, in fact, the tea party activists across the country were involved in the election. the tea partiers and outsiders -- i would remind john boehner that there was a time when he was the outsider that was an annoyance...
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Nov 29, 2012
11/12
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KNTV
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. >> reporter: white house negotiators are meeting with boehner and top republicans and democrats. executives from big companies heard the plan wednesday at the white house. at least one thinks there could be a deal here. >> if i were involved in a negotiation like this and everybody was purporting to be where they are, i would say that an agreement was reachable. >> i'm hopeful, but i wouldn't put me anywhere near optimistic. >> reporter: one conservative republican is now suggesting that while negotiations continue on whether the wealthy to pay more, congress should stop tax rates from going up on the middle class now. >> we're not going to raise taxes on those people, and i think we ought to go ahead and make that abundantly clear to everybody and take it out of the negotiation. >> reporter: bottom line, no deal yet. both sides are still talking. and both sides signaling that they're willing to give up something here to get this done and get it done on time. lynn? >> all right, tracie potts for us in washington. tracie, thanks. >>> well, it is not how he wanted to get there, but
. >> reporter: white house negotiators are meeting with boehner and top republicans and democrats. executives from big companies heard the plan wednesday at the white house. at least one thinks there could be a deal here. >> if i were involved in a negotiation like this and everybody was purporting to be where they are, i would say that an agreement was reachable. >> i'm hopeful, but i wouldn't put me anywhere near optimistic. >> reporter: one conservative republican is...
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Dec 4, 2012
12/12
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FOXNEWSW
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>>guest: what speaker boehner has done is to be admired. the proposal wasn't a strong republican proposal. it had less than $2 of spending for every $1 in taxes and right off the simpson-bowles package. they compromised in a timely fashion, and i was shocked house quickly the white house batted it down. >>neil: but they are not moving off the talking points. is there a way people can put something out, don't talk to the press? >>guest: i would point out, i in there is rhetoric and talking points but when republicans have sat down in serious negotiations, whether it was speaker boehner with the president in 2011 or the super committee, or now, they have said, we are willing to raise more revenue and we will raise it on the rip people you want, mr. president, but we would like to do it in an economically rational fashion. >>neil: he is not accepting lower deductions. >>guest: if you get a dollar from someone why do it in the most damaging way possible? >>neil: so we will see how it works out. it doesn't look good. in the meantime, before some
>>guest: what speaker boehner has done is to be admired. the proposal wasn't a strong republican proposal. it had less than $2 of spending for every $1 in taxes and right off the simpson-bowles package. they compromised in a timely fashion, and i was shocked house quickly the white house batted it down. >>neil: but they are not moving off the talking points. is there a way people can put something out, don't talk to the press? >>guest: i would point out, i in there is rhetoric...
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john boehner nervous going into the weekend. long term still very good buy, holding above the 100 day moving average. we're seeing record amounts of gold going into etfs. big players are still very bullish on this market and we're hanging in there. let's move into the oil market a little bit as well. the oil market has been struggling. big supplies. we did get a bounce off the jobs report. we're back down a little bit today. and considering the fact that yes, we're way oversupplied in gasoline right now and there's a lot of supply of oil, you still have to worry about the concerns about the middle east heating up. going into a weekend i'm amazed we're not getting more of a rally off of that. back to you melissa and adam. melissa: that's a great point. phil flynn, thanks so much. adam: we have breaking news right now and this is of verying ford. ford is recalling 19,000 of 2013 fusion sedans for another -- this is the second recall for this vehicle according to "the wall street journal" here's the issue. it has to do with a codin
john boehner nervous going into the weekend. long term still very good buy, holding above the 100 day moving average. we're seeing record amounts of gold going into etfs. big players are still very bullish on this market and we're hanging in there. let's move into the oil market a little bit as well. the oil market has been struggling. big supplies. we did get a bounce off the jobs report. we're back down a little bit today. and considering the fact that yes, we're way oversupplied in gasoline...
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Dec 6, 2012
12/12
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MSNBCW
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boehner knows this. this is why boehner is now coming to the table saying, all right, we can't do the cliff thing, we'll get the political hit for it and we'll also be in a bad negotiating position. but he has to identify where the money's coming from. and it's got to be rates. i get a sense in washington that the democrats have drawn the line in the sand on rates. if you can't get rates, you can't get anything else. boehner's going to come out and identify a bunch of deductions. that's not going to be enough. you got to go the rates. once you do the rates, everything else might fall in place because do i think the white house will negotiate. >> i want to go over the stakes of all of this just for the average american family, if we do go over the cliff, about 90% of households would end up paying almost $3,500 more in taxes and one in five action pai -- taxpayers would have to pay the alternative minimum tax, which would mean an increase of $3,700 more of what you already know and those on unemployment i
boehner knows this. this is why boehner is now coming to the table saying, all right, we can't do the cliff thing, we'll get the political hit for it and we'll also be in a bad negotiating position. but he has to identify where the money's coming from. and it's got to be rates. i get a sense in washington that the democrats have drawn the line in the sand on rates. if you can't get rates, you can't get anything else. boehner's going to come out and identify a bunch of deductions. that's not...
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Nov 30, 2012
11/12
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they don't want to hear boehner capitulate. if you read a lot of the right wing sides, not the crazy once, they're already teeing up to say bain ser a failure, he gave into obama. they want to hear him talk the talk. while he still has the rejectionists in hand in the lame duck caucus and while he has that donor class that wants to hear this conservative rhetoric, he's still got to play the game. behind the jeans i think republicans understand they're going to lose that top rate fight. they're going to lose that and i wouldn't be surprised if they wound up putting the debt creeling into the deal at the end, but up until the moment they make the deal, he's got to talk the talk. >> if i was only interested in right wing money and money at the top, i would say that's all true and, therefore, the faster they make a deal the better because if they're going to raise the rate anyway, get it over with. >> it would be better for the republicans if they make a deal now. >> boehner can make a better deal now. the question is whether anyon
they don't want to hear boehner capitulate. if you read a lot of the right wing sides, not the crazy once, they're already teeing up to say bain ser a failure, he gave into obama. they want to hear him talk the talk. while he still has the rejectionists in hand in the lame duck caucus and while he has that donor class that wants to hear this conservative rhetoric, he's still got to play the game. behind the jeans i think republicans understand they're going to lose that top rate fight. they're...
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Dec 7, 2012
12/12
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christie met with president obama at the white house first, then with house speaker john boehner at the capital. at a senate hearing thursday, senator charles schumer of new york presented his case for rebuilding the storm zone. "new york has no choice, we have to adapt. new york and new jersey are a waterfront region in the path of violent new weather realities." president obama meanwhile is seeking $50 billion from congress for emergency aid for 11 states with storm damage. the improving housing market is turning into a wealth builder for americans. according to the federal reserve, financial wealth in american households grew to $64 trillion, up $1.7 trillion during the 3rd quarter. here's how that happened: the value of real estate rose $300 billion, while stocks climbed $520 billion. economists have said an increase in wealth translates into consumer spending. the report from the fed also shows americans cut debt by 2% last quarter. space exploration technologies, better known as space x, has landed a big - and much desired - new customer this week: the u.s. air force. the privatel
christie met with president obama at the white house first, then with house speaker john boehner at the capital. at a senate hearing thursday, senator charles schumer of new york presented his case for rebuilding the storm zone. "new york has no choice, we have to adapt. new york and new jersey are a waterfront region in the path of violent new weather realities." president obama meanwhile is seeking $50 billion from congress for emergency aid for 11 states with storm damage. the...
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Nov 30, 2012
11/12
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CURRENT
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believe me, he was speaking right at you john boehner. it's friday, it's "the war room," and we're just getting started. stick around. mints called mints? answer in a moment. brought to you by ice breakers mints. break the ice. [ male announcer ] red lobster's crabfest ends soon. hurry in and try five succulent entrees like our tender snow crab paired with savory garlic shrimp. just $12.99. come into red lobster and sea food differently. and introducing 7 lunch choices for just $7.99. salads, sandwiches, and more. but whether he's climbing everest, scuba diving the great barrier reef with sharks or jumping into the market he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things like what the market is doing and being ready, no matter what happens which isn't rocket science. it's just common sense from td ameritrade. >> obama: i've been keeping my own naughty and nice list for washington. so you should keep your eye on who gets some correct th
believe me, he was speaking right at you john boehner. it's friday, it's "the war room," and we're just getting started. stick around. mints called mints? answer in a moment. brought to you by ice breakers mints. break the ice. [ male announcer ] red lobster's crabfest ends soon. hurry in and try five succulent entrees like our tender snow crab paired with savory garlic shrimp. just $12.99. come into red lobster and sea food differently. and introducing 7 lunch choices for just $7.99....
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neil: what do you think with what john boehner has come up with? that was his opening offer. >> it makes no sense to negotiate with ours when a president has not put a serious offer on the table. we need to remind americans, we do not need to take more money from the economy and give it to incomincompetent politicians and bureaucrats, we're not talking about revenue problem, we have doubled our spending but they' more money, and they want republicans to vote to pay for obama's welfare state, we did not vote for it. neil: you would not -- you would not support a hike in taxes in anyway shape or form? >> no but we will get more revenue if we reform our tax code and a pro-growth way, 3/10 of 1% will generate more revenue than what president obama is taxing about what he says tax the rich, his proposal does not add a drop in the buckie on the our problem. this is not a plan or a solution, this is a political trophy, to the left. and republicans should not go along with it. neil: you know, senator, a pleasure knowing you, i always gauge viewer interest
neil: what do you think with what john boehner has come up with? that was his opening offer. >> it makes no sense to negotiate with ours when a president has not put a serious offer on the table. we need to remind americans, we do not need to take more money from the economy and give it to incomincompetent politicians and bureaucrats, we're not talking about revenue problem, we have doubled our spending but they' more money, and they want republicans to vote to pay for obama's welfare...
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Nov 30, 2012
11/12
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FOXNEWSW
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>>guest: not john boehner, and mcconnell is not either. you heard yesterday when treasury secretary geithner put the plan on the table, mcconnell literally laughed out loud because they saw sticker shot on republican side. they believe the president campaigned on $800 billion tax increases back over the last few months and now suddenly it is doubled to $1.6 trillion because it is not just about going back to the old clinton tax rates and letting the bush rates expire it is also about adding new taxes on capital gains, dividends, et cetera. the push back is the president campaigned on this and he believes he won that argument, and he believes that once republicans give in on the tax argument, at least extend the bush rates for the middle class, as the president says, 98 percent, basically, he will talk about spending cuts and i think that is the other frustration republicans have, they think if they give in on taxes, now, with a promise of spending cuts later, those cuts will never materialize. >>neil: do folks at white house think there wi
>>guest: not john boehner, and mcconnell is not either. you heard yesterday when treasury secretary geithner put the plan on the table, mcconnell literally laughed out loud because they saw sticker shot on republican side. they believe the president campaigned on $800 billion tax increases back over the last few months and now suddenly it is doubled to $1.6 trillion because it is not just about going back to the old clinton tax rates and letting the bush rates expire it is also about...
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Dec 1, 2012
12/12
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CURRENT
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believe me, he was speaking right at you john boehner. it's (vo) as marijuana gains social and legal acceptance, a new pioneer is emerging from the backwoods. >> i'm basically like a farmer. instead of corn, you've got dope. (vo) but what is legal and what is criminal? >> this is, no matter what you do, a violation of federal law. (vo) follow real farmers staking their claim on a new frontier. >> lots of terrible things happen to people growing marijuana. >> this crop to me is my livelihood. >> i have everything invested in this. >> obama: i've been keeping my own naughty and nice list for washington. so you should keep your eye on who gets some correct this year. there are going to be some members of congress who get 'em and on don't. >> jennifer: that was president obama at the connect toy factory factory. he was warning congress they might end up on the naughty list. and he asked republicans to extend the bush era tax cuts for those making less than $250,000, but not for those making more. echoing the holiday theme with this grinch lik
believe me, he was speaking right at you john boehner. it's (vo) as marijuana gains social and legal acceptance, a new pioneer is emerging from the backwoods. >> i'm basically like a farmer. instead of corn, you've got dope. (vo) but what is legal and what is criminal? >> this is, no matter what you do, a violation of federal law. (vo) follow real farmers staking their claim on a new frontier. >> lots of terrible things happen to people growing marijuana. >> this crop to...
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Dec 5, 2012
12/12
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speaker boehner and company are looking to hold the debt ceiling hostage again. willing to downgrade our credit rating again. willing to risk our recovery again. just to get their way on spending cuts. the only problem for them, the president is in no mood to play. >> so i want to send a very clear messageç to people here. we are not going to play that game next year. in congress in any way suggests that they are going to tie negotiations to debt ceiling votes and take us to the brink of default once again as part of a budget negotiation which, by the way, we have never done it in our history until we did it last year, i will not play that game. >> sorry speaker boehner. find someone else to play economic game with. the president isn't interested. he's done with their gimmicks. he's done with their ploys. he's done with the argument that they are the serious ones in this whole debate. >> so we ask the president, sit down with us, be serious about the specifics of spending. >> and i'll be available at any moment to sit down with the president to get serious abou
speaker boehner and company are looking to hold the debt ceiling hostage again. willing to downgrade our credit rating again. willing to risk our recovery again. just to get their way on spending cuts. the only problem for them, the president is in no mood to play. >> so i want to send a very clear messageç to people here. we are not going to play that game next year. in congress in any way suggests that they are going to tie negotiations to debt ceiling votes and take us to the brink...
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Dec 1, 2012
12/12
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boehner and cantor and mr. mccarty of the republican leadership whether they are under pressure from contractors to say we got to do a deal. once you walk in to a negotiation. you are disadvantage. and that is it visible for the democratings . what the democrats are doing and i might have done it when i was younger grab the republicans by the head and say we will rub your noses and rub it in there for a while and for their own dignity >> what does this have to do with the fact that the republican party is it going through soul searching after the election and trying to find perhaps a way to remake itself. to be more appealing to the constitients. >> i think the republican party is in a defining moment. some say we have to give up on immigration that is not helping with hispanics and we can't have the social issues going on. but one thing that holds the party together and brings us all together. et cetera, is the fact that we stand for smaller government and less taxes. we believe the private sector is the way t
boehner and cantor and mr. mccarty of the republican leadership whether they are under pressure from contractors to say we got to do a deal. once you walk in to a negotiation. you are disadvantage. and that is it visible for the democratings . what the democrats are doing and i might have done it when i was younger grab the republicans by the head and say we will rub your noses and rub it in there for a while and for their own dignity >> what does this have to do with the fact that the...
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does john boehner have more control? >> they think obama can get anything through the house of representatives. but everything that has happened since the election all of the moves in the republican caucus have been about boehner consolidating control over that tea party caucus that didn't allow boehner to get a deal in 2011. >> there will be some criticism about it being two people at the table. will they get a deal done? >> i think there's some criticism from republicans about secret negotiations. i hate to break to to people in washington, but all negotiations over policy are secret in washington. that's how legislation gets done. you have to be in a room with negotiators to cut a deal. i wouldn't fret. >> they get criticized for not talking to each other and criticized for how to talk to each other. king maker, leaving before his term is up. says he could be more effective outside of the senate. what are they making of this in washington? >> a lot of people say the allure of a think tank with a big salary. >> more th
does john boehner have more control? >> they think obama can get anything through the house of representatives. but everything that has happened since the election all of the moves in the republican caucus have been about boehner consolidating control over that tea party caucus that didn't allow boehner to get a deal in 2011. >> there will be some criticism about it being two people at the table. will they get a deal done? >> i think there's some criticism from republicans...
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Dec 1, 2012
12/12
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CURRENT
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speech. >> john boehner, they voted for it in 2008 and again in 2012 john boehner making a fuss on this is like the man who lost lotto and still demanding
speech. >> john boehner, they voted for it in 2008 and again in 2012 john boehner making a fuss on this is like the man who lost lotto and still demanding
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Nov 29, 2012
11/12
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KPIX
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but house speaker john boehner isn't ready to budge yet. >> it will hurt small businesses, hurt our economy. it's why this is not the right approach. >> reporter: on capitol hill on wednesday, erskine bowles met with both sides. he's the co-chair of the committee that drew up a plan to cut the federal debt. >> i'm hopeful but don't put me down anywhere near optimistic category. we got a long way to go and very few days to get it done. >> reporter: and some signs of compromise from the democrats. the house democratic leader nancy pelosi is giving some hints her party may be willing to consider some of those offers made between the president and speaker boehner during last year's budget talks including cuts to medicaid and medicare and one more sign two sides are moving together. today president obama is hosting mitt romney for lunch. it's closed to the press but those fiscal cliff talks will be part of that discussion. >> curious minds will want to know. susan, thank you. the fiscal issue of another sort, the record setting powerball jackpot. we like talking about this fiscal issue. this mor
but house speaker john boehner isn't ready to budge yet. >> it will hurt small businesses, hurt our economy. it's why this is not the right approach. >> reporter: on capitol hill on wednesday, erskine bowles met with both sides. he's the co-chair of the committee that drew up a plan to cut the federal debt. >> i'm hopeful but don't put me down anywhere near optimistic category. we got a long way to go and very few days to get it done. >> reporter: and some signs of...
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Nov 29, 2012
11/12
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FBC
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john boehner also met with secretary and 8 this morning and he was not happy either. take a listen. >> despite claims that the president supports a balanced approach, democrats have yet to get serious about real spending cuts. no substantive progress has been made in the talks between the white house and the house over the last two months. >> is a tactic. it is a tactic. but the facts are these. the american people expect and deserve us to honor our responsibility for them, to manage this issue in a way that does not harm our economic growth. peter: house minority leader nancy pelosi finished her meeting with secretary tim geithner and she is expecttd to appear at a press conference to debrief reporters momentarily. liz: we heard elvis had left the building. tim geithner migrating to the next meeting. any word on progress the two sides are making? peter: you are hearing what i just reported from senate falcons--republicans but talked one democrat who said he felt a phone call last night between john boehner and president obama was progress. he was feeling more optimis
john boehner also met with secretary and 8 this morning and he was not happy either. take a listen. >> despite claims that the president supports a balanced approach, democrats have yet to get serious about real spending cuts. no substantive progress has been made in the talks between the white house and the house over the last two months. >> is a tactic. it is a tactic. but the facts are these. the american people expect and deserve us to honor our responsibility for them, to...
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Dec 6, 2012
12/12
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CURRENT
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do you feel sorry for john boehner who has all these circus folks with him? >> i don't. >> eliot: shocking to me. >> look, he has--he's trying to maintain his caucus, and you know, at the end of the day i don't really invest too heavily about the actual persons of these politicians. the fact that you were talking about lindsey graham who pressureperceived-- >> eliot: i was setting him up to tear him down. >> the point is he's facing re-election. the republican electorate that the republicans have nurtured and grown. they have created frankenstein, i've said it before on this program, and basically they're at the mercy of these people. they created this monster and they can't put it back in the bottle. >> eliot: would you agree with sam, they are now the victims of their own creation. they cannot escape the tea party fringe who has knocked out the more moderate voices of the establishment party so they're left with only the fear of the far rate. shame on them. >> i don't mean to put too fine of a point on it, the republican party of this party is demented. i w
do you feel sorry for john boehner who has all these circus folks with him? >> i don't. >> eliot: shocking to me. >> look, he has--he's trying to maintain his caucus, and you know, at the end of the day i don't really invest too heavily about the actual persons of these politicians. the fact that you were talking about lindsey graham who pressureperceived-- >> eliot: i was setting him up to tear him down. >> the point is he's facing re-election. the republican...
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Dec 4, 2012
12/12
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they will also meet with john boehner. boehner counter proposal yesterday. $600 billion in cuts in entitlement and $250 billion in changes in way the government changes inflation that would impact social security. let me bring in the national journal from the editor. good morning. i want to talk to you about this republican proposal saying republicans in congress want to get serious about asking the wealthiest to pay slightly higher tax rates. we won't be able to achieve a significant balanced approach to the deficit. it does have some revenue in it, even though it's not from tax increases. so what does this opening offer say about where we are in these negotiations? >> well, it seems very difficult to imagine that we're going to be getting to a deal that will handle everything that needs to be addressed before the end of the year. i think the first main thing that needs to be addressed is the question of the tax cuts expiring. and for the obama administration, the question is, is it in their interest to trade tax cuts for
they will also meet with john boehner. boehner counter proposal yesterday. $600 billion in cuts in entitlement and $250 billion in changes in way the government changes inflation that would impact social security. let me bring in the national journal from the editor. good morning. i want to talk to you about this republican proposal saying republicans in congress want to get serious about asking the wealthiest to pay slightly higher tax rates. we won't be able to achieve a significant balanced...
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Nov 29, 2012
11/12
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speaker boehner suggested the talks are going form right now. if there is any optimism it is the white house trying to both some life into the talks with too little bits of movement. james carney said the president is now open to spending cuts being part of the fiscal cliff talks. yesterday, the president suggested the tax changes now can be done and spending changes next year and the republicans say, not so were. second, a phone call teen the -- between the president and speaker boehner and carney said the president laid out any deal has to have an increase in tax rates but he would not be specific suggesting there is flexibility. the top rate does nut have to be 39.6 back from clinton, but something to get a deal jump started. mitt romney was here for lunch the first meeting since after the election and it was awkward and the menu included turkey chili and a white house readout said they promised to "keep in touch" if the opportunity arises where their interests intersect, maybe another way of saying not so much. >>neil: turkey chili. >>guest:
speaker boehner suggested the talks are going form right now. if there is any optimism it is the white house trying to both some life into the talks with too little bits of movement. james carney said the president is now open to spending cuts being part of the fiscal cliff talks. yesterday, the president suggested the tax changes now can be done and spending changes next year and the republicans say, not so were. second, a phone call teen the -- between the president and speaker boehner and...
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. >> president obama and house speaker john boehner talked by telephone today about the fiscal cliff. lawmakers have until december 31st to reach a deal to avoid dramatic tax heights and budget cuts. the president wants higher taxes on people making more than $250,000 a year. to make up $1.6 trillion in 10 years. republicans want to close loopholes, make half as much money and not raise taxes. >>> businessman greg hall files an appeal. neither should get the seat. the democratic central committee has nominated hall to replace alston. the judge ruled that governor omaley will pick the next one. >> a court battle between a home contractor and an unhappy customer. a judge in fairfax county has ordered a woman, the homeowner, to remove parts of her posts on yelp and on angie's list. jane perez is the homeowner. she complained about repairs. she also claimed that some of her jewelry disappeared while the contractor had the only other key to her home. the contractor is named christopher dietz. the judge says that the woman's po posts about her jewelry goes too far and she has to remove that
. >> president obama and house speaker john boehner talked by telephone today about the fiscal cliff. lawmakers have until december 31st to reach a deal to avoid dramatic tax heights and budget cuts. the president wants higher taxes on people making more than $250,000 a year. to make up $1.6 trillion in 10 years. republicans want to close loopholes, make half as much money and not raise taxes. >>> businessman greg hall files an appeal. neither should get the seat. the democratic...
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and that the fact that speaker boehner himself isn't sitting down with the president shouldn't be taken as a sign that talks aren't progress, scott. >> pelley: time is running, thanks, nancy. we've been get a lot of encouraging news about the economy lately and we got more today. in its most recent survey, the federal reserve found that consumer spending and economic growth are up in all regions of the country except those affected by hurricane sandy. moving on now to syria's civil war. at least 34 people were killed today when two car bombs ripped through a suburb of damascus. syria's assad dictatorship has been trying to crush a rebellion that broke out more than a year and a half ago. it is very rare for western journalists to report from inside the capital, but elizabeth palmer is there for us tonight. >> reporter: today's bombing spilled the blood of neighbors and friends. jaramana is a tight-knit community of christians and jews. religious minority groups in syria who are traditional supporters of president bashar al-assad. after the huge explosion, local people immediately pitche
and that the fact that speaker boehner himself isn't sitting down with the president shouldn't be taken as a sign that talks aren't progress, scott. >> pelley: time is running, thanks, nancy. we've been get a lot of encouraging news about the economy lately and we got more today. in its most recent survey, the federal reserve found that consumer spending and economic growth are up in all regions of the country except those affected by hurricane sandy. moving on now to syria's civil war....
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is it's much harder to define a win for john boehner. you know, is a win, you know, holding absolutely fast? is a win saying, you know, great, we were the party that managed to cut social security for the middle class? that's going to be pretty hard to go into another election with. >> you know, do you agree with that assessment that it's easier for the president, cynthia, because he basically wins on taxes. he's the robin hood, if you will, of this issue. he's looking out for the regular people against the people on the top. on the other side he's saying, you republicans, you can be the scrooging this winter. i have to go along with it. but you're forcing me to do it so you're the bad guys. so i think i agree with kristin. this is basically a setup if there is a deal for the president. >> well, i do think that the president would certainly get a big win with the middle class tax cut piece of this which i think is going to pass, whether it passes by the first of the year is another matter, but i think he'll get that piece of it. but i th
is it's much harder to define a win for john boehner. you know, is a win, you know, holding absolutely fast? is a win saying, you know, great, we were the party that managed to cut social security for the middle class? that's going to be pretty hard to go into another election with. >> you know, do you agree with that assessment that it's easier for the president, cynthia, because he basically wins on taxes. he's the robin hood, if you will, of this issue. he's looking out for the regular...
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did you get the sense from house speaker boehner, he is ready to make a deal? >> i would say there is a recognition on all sides about the significance and importance of a deal. it is a real question about getting both sides en the room to actually hammer it out and get something done because we don't have a lot of time left. >> susie: president obama said he would like to have a deal by christmas. from what you heard today, how realistic is that? >> if they want to, they can get this done in a couple of days. it is just a matter of kind of working out some of these important details. but it's a matter, i think, they just need to get together and get started. i think both recognize the need for a market-credible $4 trillion deal, and it has got to comprise both tax increases that are believable and that will happen, and entitlement reform that is believable and will happen. both of those things will have to be an important part of this. >> susie: did speaker boehner talk more specifically about what would be acceptable to his party? did he talk to you about tha
did you get the sense from house speaker boehner, he is ready to make a deal? >> i would say there is a recognition on all sides about the significance and importance of a deal. it is a real question about getting both sides en the room to actually hammer it out and get something done because we don't have a lot of time left. >> susie: president obama said he would like to have a deal by christmas. from what you heard today, how realistic is that? >> if they want to, they can...
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john boehner has to let rates go up. i think that's right. whether or not it's to 37 or whether or not we raise the threshold from 250 to something like $500,000 at the point we call people rich, that's a possibility. i think the same thing exists on the entitlement side. there are things that president obama laid on the table in the summer of 2011 we keep talking about. democrats really do not like changes to the measure of inflation applied to social security benefits, and they really do not like raising the eligibility age for medicare. so there are other things that happen? can we scale back the generosity of the obama care subsidies? can we start means testing in additional ways in the medicare program? they have to get creative. >> they got it to get creative, zachary. this comes at the busiest time of the year for retailers and businesses. have you noticed any signs at this point that consumers are at all holding back this holiday season fearing we may go over the so-called fiscal cliff? >> there's a lot of news reports on consumers ho
john boehner has to let rates go up. i think that's right. whether or not it's to 37 or whether or not we raise the threshold from 250 to something like $500,000 at the point we call people rich, that's a possibility. i think the same thing exists on the entitlement side. there are things that president obama laid on the table in the summer of 2011 we keep talking about. democrats really do not like changes to the measure of inflation applied to social security benefits, and they really do not...
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obama/boehner comments about a possible agreement. geithner with congressional leaders would set up any kind of good news for a euro to push through that 1.30 level. >> what are your levels? >> i like to go long. actually, i just bought euro literally in my hand held before i sat down at 1.29.70. you want to look for a push through that november triple top high over 1.30. we could target the 1.30, 1.40, the high from october. traditionally in the technical analysis world we have a triple top setting up. those do not hold. i like the trade up towards a test of that october high. >> i'm surprised you don't think the yen is a better trade at the moment. there's a lot of chatter everywhere else about it. >> it's a great point, simon. you know, the boj is doing everything they can to end their 13, 15-year deflationary cycle. my thought on that is you don't get hit by the train you see coming. i feel like the market is so focused on the short yen trade, i think it could work in the short term. you could pair a euro long like i'm talking abo
obama/boehner comments about a possible agreement. geithner with congressional leaders would set up any kind of good news for a euro to push through that 1.30 level. >> what are your levels? >> i like to go long. actually, i just bought euro literally in my hand held before i sat down at 1.29.70. you want to look for a push through that november triple top high over 1.30. we could target the 1.30, 1.40, the high from october. traditionally in the technical analysis world we have a...
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right around 11:30 a.m., speaker john maye -- john boehner spoke. the buyers poured in, the short time later chuck schumer came in. now we are trading near the highs of the day. the dow jones dust they stop 77 points, 45 to the upside. all 10 s. and p. sectors are jumping with technologies leading the way. research in motion a big winner. can you believe the stock is near $12 per share. rim was at $6 per share, but positive comments out of goldman sachs fueling the game. apple in the green continuing the postelection resurgence. apple was in bear market correction level just a few weeks ago, but right now jumping about 1%. disappointing november sales numbers. costs dropping 6%, tiffany got a markdown, earnings missed street estimates. and then there is aeropostale coming in way below forecasts. what is a trader to do beside watching a nuisance headlines coming out of washington? traders at the new york stock exchange, what a day today. some better games at the moment but again a perfect example of how washington is holding the market. >> you talk a
right around 11:30 a.m., speaker john maye -- john boehner spoke. the buyers poured in, the short time later chuck schumer came in. now we are trading near the highs of the day. the dow jones dust they stop 77 points, 45 to the upside. all 10 s. and p. sectors are jumping with technologies leading the way. research in motion a big winner. can you believe the stock is near $12 per share. rim was at $6 per share, but positive comments out of goldman sachs fueling the game. apple in the green...
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president obama and john boehner. even all sides of the party are excluded. >>> with 25 days before taxes go up for nearly every single american, what effect will the jobs report have on the fiscal standoff? we'll get live remarks from john boehner who is going to try to use the jobs report to the republican's advantage. representative, let's start with the november jobs report numbers. they look very good, good news overall for the koirnlt tree. but speaker boehner said this, the democrats plan to slow walk our economy to the edge of the fiscal cliff instead of engaging in serious talks to avert the cliff, that includes spending cuts and tax reforms the president once supported. the white house has only offered a joke. i understand we have speaker boehner to the microphones. let's take a listen. >> when it comes to the fiscal cliff that's threatening our economy and threatening jobs, the white house has wasted another week. eight days ago secretary geithner came here to offer a plan that had twice the tax hikes that
president obama and john boehner. even all sides of the party are excluded. >>> with 25 days before taxes go up for nearly every single american, what effect will the jobs report have on the fiscal standoff? we'll get live remarks from john boehner who is going to try to use the jobs report to the republican's advantage. representative, let's start with the november jobs report numbers. they look very good, good news overall for the koirnlt tree. but speaker boehner said this, the...
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it to boehner and obama to make a deal. though boehner spokesman michael steele tells us this morning if we're going to solve this problem every congressional leader and more importantly the white house have all important roles to play. the fact is we've heard this same thing. and that is that pelosi and the senate leaders are not in the room at first. they'll be brought in when boehner and the white house are close. mann while, back to the debt ceiling. the new republicans' main point of leverage n. a rare misstep, mcconnell may have taken some of that leverage away in a move that ended with mcconnell filibustering himself. the president doesn't have enough democratic support, mcconnell moved to vote to permanently give the president the rate to approve the debt ceiling. reid shocked mcconnell by calling the idea of having that vote a positive development. forcing him to reject a vote he had called for himself. >> is there objection? >> reserving the right to object, matters of this controversy -- what we're talking about
it to boehner and obama to make a deal. though boehner spokesman michael steele tells us this morning if we're going to solve this problem every congressional leader and more importantly the white house have all important roles to play. the fact is we've heard this same thing. and that is that pelosi and the senate leaders are not in the room at first. they'll be brought in when boehner and the white house are close. mann while, back to the debt ceiling. the new republicans' main point of...
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jim demint a tea party leader said speaker boehner's $800 billion tax hike will destroy american jobs and allow politicians in washington to spend even more. disagreements among republicans and democrats here on capitol hill is nothing new, but tuesday a republican aide told us the two sides aren't even talking. not surprisingly the white house disagrees. >> i can guarantee you conversations continue at different levels. and among different groups. >> reporter: both parties are ready to play the blame game in case negotiations fail. >> there's only one person out of 370 million americans who can sign something into law and that's the president. >> 60% of americans are asking the wealthy to pay more. >> reporter: a "the washington post" poll say 53% of americans will blame republicans and 29% would hold the president responsible if the nation goes over the fiscal cliff. the two sides appear close to an agreement on little things. it could lead to higher airline ticket prices and no more mail delivery on saturday. >> oh, boy. susan mcginnis in washington this morning. susan, thank you s
jim demint a tea party leader said speaker boehner's $800 billion tax hike will destroy american jobs and allow politicians in washington to spend even more. disagreements among republicans and democrats here on capitol hill is nothing new, but tuesday a republican aide told us the two sides aren't even talking. not surprisingly the white house disagrees. >> i can guarantee you conversations continue at different levels. and among different groups. >> reporter: both parties are...
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so boehner has said he would accept a tax increase of $800. the white house plan is asking for $1.6 trillion, which is double that. why did president obama put forth such an aggressive plan, as many are calling it? this is really a serious offer. >> first of all i'd like our republican friends to stop a war on the working people of america. that is what the ultimate nonaction will impact. i think the president has made it very clear that he is responding to the affirmation of his position on november 6th, 2012. but he is not in any way hesitant to negotiate. $2.4 trillion were the bush tax cuts that resulted in this enormous deficit, because in the 199os, we had a $5.6 trillion surplus. what the president is trying to do is to give relief to working people, and as well provide revenue to continue to support the needs of this nation. such as mayor bloomberg, who's just come to washington and asked for an enormous amount of money, rightly so, to help those who've been victims of hurricane sandy. so the president is not in any way suggesting that
so boehner has said he would accept a tax increase of $800. the white house plan is asking for $1.6 trillion, which is double that. why did president obama put forth such an aggressive plan, as many are calling it? this is really a serious offer. >> first of all i'd like our republican friends to stop a war on the working people of america. that is what the ultimate nonaction will impact. i think the president has made it very clear that he is responding to the affirmation of his position...
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. >> house speaker boehner countered the president's proposal without raising individual tax rates. the republican plan also includes 600 billion in spending cuts to federal healthcare programs and increase in the eligibility age for medicare. >>> a san francisco blogger and activist is in hot water of a photograph after political opponent. michael petrellis took this of scott weaner last year in a pact room. >> he tried to take a picture of him at an urinal. and today, he pleaded not guilty to misconduct. he wants it to be made as part of the from. >> we will be fighting the case and despite the fact that the photograph was taken, we are talking fundamentally of a gentlemen at a sink. >> the judge ordered him to stay 150 yards away from the supervisor pending a hearing in the case. >>> with the storm watch, anyone going to the san francisco airport should be prepared for delays. we checked with the airport, there have been 36 flight cancellations so far for arrivals and departures. they reported arrival delays of 30 to 60 minutes and departure delays as well. yesterday, they were a
. >> house speaker boehner countered the president's proposal without raising individual tax rates. the republican plan also includes 600 billion in spending cuts to federal healthcare programs and increase in the eligibility age for medicare. >>> a san francisco blogger and activist is in hot water of a photograph after political opponent. michael petrellis took this of scott weaner last year in a pact room. >> he tried to take a picture of him at an urinal. and today, he...
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choose from among these gals, john boehner and good luck. >>> the powerball jackpot has two winners and that's not all. >>> hillary clin puts her foot down about the susan rice controversy and the world's most famous christmas tree comes to looif. >>> there were two winning powerball tickets and they were sold in last night's drawing in an astonishing jackpot of $580. somebody woke up happy this morning, two of them actually. the tickets had all six out of six numbers. they were sold in arizona and missouri. so let's get right to the winning numbers. 5, 16, 22, 23, 29, and the powerball is 6. there were 68 tickets nationwide that had five numbers right. they'll each get $1 million. not bad. so tickets sold at a rate of 130,000 a minute. nearly nine million people won smaller prizes. now the search is on for the two big ticket holders whose lives are about to change forever. but for the rest of us, it is another day facing the fiscal cliff. negotiators are going to talk about specific proposaals for both sides to avoid that fiscal cliff. tracy pots joins us from washington with all the d
choose from among these gals, john boehner and good luck. >>> the powerball jackpot has two winners and that's not all. >>> hillary clin puts her foot down about the susan rice controversy and the world's most famous christmas tree comes to looif. >>> there were two winning powerball tickets and they were sold in last night's drawing in an astonishing jackpot of $580. somebody woke up happy this morning, two of them actually. the tickets had all six out of six...
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so that is a big gift of flexibility to boehner. and i think it's an acceptance of the reality that rates will have to go up at least a little. >> as for the president, we done know much. but my sense is that they know the issues, they have been through this before. that the atmosphere is their right and now it's a question of their skill at negotiators. because there are delicate balance here. the republicans want to give, probably a little on the tax rate. the president has to sort of lure them over and say okay, we'll give new on entitlements. and you have to do this little dance here. and do it gently. and with a little gift, a little carrot, a little stick and if they can do it confidently i think there is a pretty good chance just atmospherically that we will get a fiscal deal before we go on. >> you see the dance. >> i don't see it quite the same way david does. i think the republicans are facing reality. everything is going against them. it wasn't simply the election return, re-election of the president. but today the associ
so that is a big gift of flexibility to boehner. and i think it's an acceptance of the reality that rates will have to go up at least a little. >> as for the president, we done know much. but my sense is that they know the issues, they have been through this before. that the atmosphere is their right and now it's a question of their skill at negotiators. because there are delicate balance here. the republicans want to give, probably a little on the tax rate. the president has to sort of...
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and you see boehner coming out -- boehner, by the way, just walked past us and gave us a big smile just a few seconds before we came on the air. he's clearly not all that upset. he seems like he's in a pretty good mood here today. so boehner is saying no. i don't like that offer. now harry reid is coming out and say wk hey, wait a second. it's time for you guys to get serious. when harry reid says it's time to listen to the american people, what he's saying is, look at the poll numbers. this thing polls much better for us than it polls for you. you're getting clobbered here, republicans. pay attention. so that's the message that's going on. you're seeing a lot of horse trading. yeah, if you're a player in the market right now, it's got to feel like you're being held hostage to this horse trading in washington. that's the way they've done it here for a couple hundred years in this town. i think that's the way they'll continue doing it up to the edge of the deadline on the fiscal cliff. >> you get any sense as you talk to the folks making these comments that they even care what the stock
and you see boehner coming out -- boehner, by the way, just walked past us and gave us a big smile just a few seconds before we came on the air. he's clearly not all that upset. he seems like he's in a pretty good mood here today. so boehner is saying no. i don't like that offer. now harry reid is coming out and say wk hey, wait a second. it's time for you guys to get serious. when harry reid says it's time to listen to the american people, what he's saying is, look at the poll numbers. this...
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the past -- talked on the phone for the first time in days -- president obama and house speaker john boehner. it is raising new hopes for new negotiation -- they have been at a standstill since monday when the gop proposed raising revenues by closing tax loopholes, not by raising tax rates on the top earners as the president had demanded. this comes as a new poll suggests americans agree with the president. 40% want to that tax cuts expire for the wealthy. 32 percent say they should continue for everyone. more downsizing -- news from citigroup. they announce they are cutting 11,000 jobs worldwide. they're closing branches. a spokesperson says less than 1% of 3600 citibank employees in maryland will be laid off. one branch in the state will close in the glen burnie. a new annapolis fire department is getting over $200,000 in a grant from fino. congressmen -- fema. congressman judge sought -- john sarbanes said it will go to upgrading the fire station. some say fema is not that generous when it comes to aid for victims of superstore sandy. >> maryland woke up to this headline -- u.s. denies ai
the past -- talked on the phone for the first time in days -- president obama and house speaker john boehner. it is raising new hopes for new negotiation -- they have been at a standstill since monday when the gop proposed raising revenues by closing tax loopholes, not by raising tax rates on the top earners as the president had demanded. this comes as a new poll suggests americans agree with the president. 40% want to that tax cuts expire for the wealthy. 32 percent say they should continue...
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neil: speaker john boehner is not too confident that things are looking good. saying that republicans are not the ones blocking a al to avoid the disaster. if you're looking at the headlines, you would almost assume that he is lying. because it looks like republicans arthe ones getting in the way of the copromise. so insisting on revenues, that it makes nothing of the point that democrats are equally insistent upon spending. start reading the fine print. $1.6 trillion in tax hikes. gretchen hamilton says the median is focusing on republicans rejecting the deal and maybe not democrats offering a lousy deal. it is true. it is remarkable in terms of the coverage how unbalanced it is. >> by now, the media is focusing on this and over the course of the year, it has been about a campaign that has happened across 50 states. but right now this is about a negotiation that is happening inden the beltway. the press wants a soap opera. they are focused on the pettiness and policy and that is what we are seeing about republicans not willing to play ball on taxes and how the
neil: speaker john boehner is not too confident that things are looking good. saying that republicans are not the ones blocking a al to avoid the disaster. if you're looking at the headlines, you would almost assume that he is lying. because it looks like republicans arthe ones getting in the way of the copromise. so insisting on revenues, that it makes nothing of the point that democrats are equally insistent upon spending. start reading the fine print. $1.6 trillion in tax hikes. gretchen...
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including, in my opinion, john boehner. however, we ought not to hold hostage middle-class tax cuts, and that's what you're talking about, tom cole, that wasn't a question of compromise, it was simply to say, look, we all agree that middle-class tax rates ought not to get a tax increase on january 1st. not good for them. not good for the economy. we'll pass that. the senate's passed a bipartisan bill that called for that. tom cole the former chairman of the republican campaign committee in the house of representatives said just earlier this week we'll all pass that. i agree with him. secondly, the republicans have agreed that we need to have some sort of balance, more and more republicans are saying we need to have revenues. you cannot do it simply with cutting spending. thirdly, i don't think that anybody wants to hurt the vulnerable in america. >> no, i think -- but the question, the question here is, is on the issue of taxes for instance. the president proposed tax cuts -- i'm sorry tax increases that went beyond what th
including, in my opinion, john boehner. however, we ought not to hold hostage middle-class tax cuts, and that's what you're talking about, tom cole, that wasn't a question of compromise, it was simply to say, look, we all agree that middle-class tax rates ought not to get a tax increase on january 1st. not good for them. not good for the economy. we'll pass that. the senate's passed a bipartisan bill that called for that. tom cole the former chairman of the republican campaign committee in the...
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the "new york times" reporting that house speaker john boehner wants to speak only to president obama out of public view. though we've just learned that boehner is holding a news conference at 11:00 this morning eastern time. the fight, though, still very public. vice president joe biden is meeting with a middle class family. and yesterday president obama met with a virginia family. tax hikes for the rich are nonnegotiable. >> just to be clear, i'm not going to sign any package that somehow prevents the top rate from going up for folks at the top 2%. but i do remain optimistic that we can get something done that is for families like this one. >> joining me now is barry, msnbc political contributor and editor for grio. hello, guys. >> perry, i'm wondering if these new unemployment numbers add to the president's leverage? >> i think they do. the big thing is the election. but the jobs numbers suggest that the economy is doing well and it cuts against the republican argument that raising taxes on the rich with would hurt the economy and the economy is fragile. the numbers though that the
the "new york times" reporting that house speaker john boehner wants to speak only to president obama out of public view. though we've just learned that boehner is holding a news conference at 11:00 this morning eastern time. the fight, though, still very public. vice president joe biden is meeting with a middle class family. and yesterday president obama met with a virginia family. tax hikes for the rich are nonnegotiable. >> just to be clear, i'm not going to sign any package...